HomeMy WebLinkAbout1393 and shall perform. comply with and abide 6y each and et?ery the agreements, stipulations, condifig,u and
cotenants thereof, and aj this moNgags, then thts mortgage and the sstote hereby croated, shall cbass, de-
termtne and be null and void. -
.
I11Nfi fha mortgagor lien+6y further couenanfa and agrees fo pay promptly when due tkv pNncipal and
interest and other sums of money provided for in said Hots and this mortgage, or either: to pay all and
singular the taxes, assessments, levies, liabilities. obGgatious, and encumbrances of every nnttu+e on sold pro-
perty; fo permit, commit or suffer no waste. impairment or defe?tor+ation of sold land or the improvements
I,
Ihe?eort of any time; to 4eep the buildings now or hereafter on said land" /idly fns in n stun of not less
than FORTY 1I1RSB THOUSAND BIGHT Ht'NDRED FIFTY DOLLAR ; -=-40/100---------------
i in o rnmpany or companies otxepta6l. to !hs mortgagee, the policy or policies fo be held 6y, and payable
~ to, said mortgagee, and to the event any sum of money becomes payable 6y vi?tw of such inuurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aeeounttng
to the mortgagor for any surplw: to pay all costs. charges, and expenses. incltuling lawyer's /ees and flue
searches. rrasonnbly tncttrred or paid 6y the mortgagee because of the failuro of the mortgagor fo promptly
and fully comply wish the agreements, stipulations, eortdtfiont and covenants of sold note and thin mortgage. -
or either: to perform, comply with and abide by each and every the agreements. sftpulaftoru, conditions and
covenants set forth in said note and this mortgage or sifter. In the event the mortgagor fails to pay when
due any tax. assessment. insurance premium or other sum of money payable by virtue of said Hole and this
mortgage, or either, the mortgagee may pay the same, without tuaiving or of
fecfing the option to foreclose '
or any other right hereunder, and all such payments shall bear interest from date thereof at-the highest law-
/ul rate then allowed by the Iowa of the State of Florida.
~l any sum of money herein ref
erred to 6e not promptly paid within days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with •and abided by, then the entire
sum mentioned in aaid note, and this mortgage, or the entire balance unpaid therron, ahall forthwith or
thereafter, nt the option of the mortgagee, become and 6g due and payable, anything in sold note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exercwe any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or ,this mortgage ac~rrued or
Ihereaf ter accruing.
in ~ILC[[~ls the soil mortgagor has hereunto signed and sealed !base presents the
day and year first above written.
e g ,sealed and delivered in the presence of :
- •---8-- - -
• Geof a .Pec
-
-Erika Peckham
STATE OF FLORIDA,
COUNTY OF St.Lncie
[ HEREBY CERTIFY that on this day, before site, as
officer duly authorised in the Stair aforesaid and in the County aforesaid to take acknowkdgtnents, personally appeared
George Peckham and Erika Peckham, his wife -
to me known??~~to be the person 8 described in and who executed the lorrRoinR instrument and they s~tkaov,kdaed
before me thlC`ey executed the same ~ , :
~
WITNESS my hand and official seal in the County and Sate last aforesaid this oJ.'~.-y'~~;1~~`?F'~;•^,~sy of-
• ~
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n S 1(
1....U ..1 aV~
NOiARI w~blic SIAtE'tri- 1'~ 4'
i I± r~ it' f.' i MY COtitMISS1cNt FJVf~S
~ t=CG:.Rf'GlTr;,S WPfO:U iMtZUGENFRM NHS. ll
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-
50~958
s
• Ilia liumnncn~ prcpntra by: Jackie Talamine -
- p~~~~~uSoutheast First National Bank of Ft.Pierce l~ ~'~~Q
P.O, Box 970, Ft. Pierce, Fla. 33450 d0~c~crV P~+
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